The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Warburg Pincus to acquire FlavorSum
Warburg Pincus has announced an agreement to acquire FlavorSum, a provider of natural flavour solutions, from The Riverside Company.
Cobblestone Brands acquires Knappogue Castle and Clontarf Irish whiskeys
Cobblestone Brands has acquired Knappogue Castle and Clontarf Irish whiskeys from Irish Distillers, a subsidiary of Pernod Ricard.
Hovis and Kingsmill parent companies near merger valued at £75m
Kingsmill bread owner Associated British Foods is reportedly on the verge of finalising a merger with Hovis, owned by private equity firm Endless.
NewPrinces Group acquires Carrefour's Italian supermarkets in €1bn deal
In a bold move signalling its ambition in the food retail sector, NewPrinces has announced the acquisition of Carrefour's Italian supermarkets for €1 billion.
Keurig Dr Pepper acquires drink mix maker Dyla
Keurig Dr Pepper has acquired full ownership of Dyla Brands, a player in the powdered drink mix and liquid water enhancer market.
Pernod Ricard India sells Imperial Blue division to Tilaknagar Industries
In a realignment aimed at enhancing its focus on premium brands, Pernod Ricard India has entered into a definitive agreement to divest its Imperial Blue business division to Tilaknagar Industries.
Generous Brands to acquire Health-Ade Kombucha for $500m
Generous Brands, a prominent player in the premium refrigerated beverage sector, has announced its acquisition of Health-Ade Kombucha for approximately $500 million, according to sources familiar with the deal.
Kraft Heinz considers spinoff of sluggish brands in bid to enhance shareholder value
In a strategic pivot that could reshape its brand portfolio, Kraft Heinz is reportedly exploring the possibility of spinning off several of its slower-growing brands, including Velveeta and Oscar Mayer, as part of an effort to reverse the fortunes of its underperforming grocery division.
Apax Global Impact Fund to invest in Foods Connected
The Apax Global Impact Fund, managed by Apax Partners, has announced a strategic investment in Foods Connected, a supplier management platform under Hilton Food Group.
Nexture debuts as new holding company for CSM Ingredients and Italcanditi
New established holiding company, Nexture, has officially launched today, marking a significant development in the food ingredients sector.
The Compleat Food Group expands portfolio with acquisition of Freshpak
The Compleat Food Group has acquired Freshpak, a private-label producer specialising in added-value egg products, chilled food-to-go...
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